Multiple Choice
If income in a country is equally distributed across the population, then
A) the Gini coefficient is equal to 0.
B) the Gini coefficient is equal to 1.
C) the Lorenz curve is L-shaped.
D) the Gini coefficient is undefined.
E) the Gini coefficient is equal to 1/2.
Correct Answer:
Verified
Correct Answer:
Verified
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